4 1 file001.txt FORM 4 FORM 4 [ ] Check this box if no longer subject to section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 (Print or Type Responses) ------------------------------------------------------------------------------- 1. Name and Address of Reporting Person* Ford Gerald J. ----------------------------------------------------- (Last) (First) (Middle) 200 Crescent Court - Suite 1350 ----------------------------------------------------- (Street) DALLAS TX 75201 ----------------------------------------------------- (City) (State) (Zip) ------------------------------------------------------------------------------- 2. Issuer Name and Ticker or Trading Symbol CALIFORNIA FEDERAL PREFERRED CAPITAL CORPORATION ("CFP") ------------------------------------------------------------------------------- 3. IRS or Social Security Number of Reporting Person (Voluntary) ------------------------------------------------------------------------------- 4. Statement for Month/Year DECEMBER 2001 ------------------------------------------------------------------------------- 5. If Amendment, Date of Original (Month/Year) ------------------------------------------------------------------------------- 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) [X] Director [ ] 10% Owner [X] Officer (give title below) [ ] Other (specify below) Chairman and Chief Executive Officer -------------------------------------- ------------------------------------------------------------------------------- 7. Individual or Joint/Group Filing (Check Applicable Line) [X] Form filed by One Reporting Person [ ] Form filed by More than One Reporting Person -------------------------------------------------------------------------------

TABLE I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned --------------------------------------------------------------------------------------------------------------------------------- 15. ~~Name~~Amount ~~and~~of ~~Address 2~~6. ~~Issuer~~Owner- ~~Name~~Securities ~~and~~ship ~~Ticker~~2. 6Trans- 3. ~~Relationship~~Trans- of4. ~~Reporting~~Securities ~~Person~~Acquired (sA) toBeneficially ~~Issuer~~Form: ofaction ~~Reporting~~action Person* or ~~Trading~~Disposed ~~Symbol~~of (~~Check all applicable~~D) ~~California~~Owned ~~Federal~~at ~~Preferred~~Direct X7. ~~Director~~Nature ~~10%~~of ~~Owner~~Date ~~Capital~~Code ~~Corporation~~ (~~"CFP")~~Instr. ~~---~~3, ~~----~~4 Xand ~~Officer~~5) ~~(give~~End ~~title~~of ~~below~~(D) ~~Other~~or ~~(specify~~Indirect ~~below)~~1. ~~---~~Title ~~----~~of ~~Ford~~Security ~~Gerald~~(Month/ J(Instr. 8) -------------------------- Month Indirect Beneficial (Instr. 3) Day/ ----------~~---------------------------------------------------------~~ ~~(Last)~~Amount (~~First~~A) ~~(Middle)~~or 3Price (Instr. (I~~.R.S.~~) ~~4.Statement~~Ownership ~~for Identification Month/~~Year) ~~Number~~Code ofV ~~Reporting~~(D) ~~Chairman~~3 and ~~Chief~~4) ~~Executive~~(Instr. ~~Officer~~4) ~~200 Crescent Court - Suite 1350 Person, if an entity October 2001 ---------------------------------------~~ (~~voluntary~~Instr. 4) ---------------------------------------------------------------------------------------------------------------------------------~~---~~ ~~(Street) 5. If Amendment, 7. Individual or Joint/Group Filing (Check Date of Original Applicable Line) (Month/Year) X Form filed by One Reporting Person Dallas TX 75201~~ --- ~~Form filed by More than One Reporting Person~~ --- ---------------------------------------------------------------------------------------------------------------------------~~---------~~ ~~(City)~~Noncumulative ~~(State)~~12/06/01 ~~(Zip)~~P ~~TABLE~~1,000 A $25.65 I -By ~~NON-DERIVATIVE~~Turtle ~~SECURITIES~~Exchangeable ~~ACQUIRED,~~Creek ~~DISPOSED~~Preferred OFStock, ORRevocable ~~BENEFICIALLY~~Series ~~OWNED~~A Trust -------------------------------------------------------------------------------------------------------------------------- ~~1. Title of Security 2. Transaction 3. Trans~~------- 4.Noncumulative ~~Securities~~12/06/01 ~~Acquired~~P (5,000 A) ~~(Instr~~$25.70 3)I ~~Date~~By ~~action~~Turtle orExchangeable ~~Disposed~~Creek ofPreferred ~~(D) (Month/ Code (Instr. 3~~Stock, 4Revocable ~~and~~Series 5)A ~~Day/~~Trust ~~(Instr. 8) Year)~~ -------------------------------------------------------------------------------------------------------------------------- ~~(A) or Code V Amount Price~~ -------~~-------------------------------------------------------------------------------------------------------------------~~ Noncumulative ~~Exchangeable Preferred Stock, Series A 10~~12/1007/01 P 334,~~700~~000 A $25.3065 40,000 I By Turtle Exchangeable Creek Preferred Stock, Revocable Series A Trust -------------------------------------------------------------------------------------------------------------------------- -------~~-------------------------------------------------------------------------------------------------------------------~~ Noncumulative 11,700 D Exchangeable Preferred Stock, Series A -------------------------------------------------------------------------------------------------------------------------- -------~~-------------------------------------------------------------------------------------------------------------------~~ -------------------------------------------------------------------------------------------------------------------------- -------~~----------------------------------------~~ 5.Reminder: ~~Amount~~Report ofon 6.a 7.separate ~~Nature~~line offor ~~Securities~~each ~~Ownership~~class ~~Indirect~~of ~~Beneficially~~securities ~~Form:~~beneficially ~~Beneficial~~owned ~~Owned~~directly ator ~~End~~indirectly. ~~Direct~~* ~~(D)~~If ~~Ownership~~the ofform ~~Month~~is orfiled ~~Indirect~~by ~~(Instr.~~more 4)than ~~(Instr.~~one 3person, ~~and~~see ~~(I)~~Instruction 4(b) (~~Instr. 4~~v) ----------------------------------------------- ----------------------------------------------- 11,700 D ----------------------------------------------- ----------------------------------------------- ----------------------------------------------- ----------------------------------------------- -----------------------------------------------.

FORM 4 (continued)

~~FORM 4 (continued)~~ TABLE II -- ~~DERIVATIVE~~Derivative ~~SECURITIES~~Securities ~~ACQUIRED~~Acquired, ~~DISPOSED~~Disposed OFof, ORor ~~BENEFICIALLY~~Beneficially ~~OWNED~~Owned (Ee.Gg., ~~PUTS~~puts, ~~CALLS~~calls, ~~WARRANTS~~warrants, ~~OPTIONS~~options, ~~CONVERTIBLE~~convertible ~~SECURITIES~~securities) ------------------------------------------------------------------------------------------------------------------------------------ 1. ~~Title of Derivative Security~~ 2. 3. 4. ~~Trans-~~ 5. ~~Number of~~ 6. ~~Date~~ 7. ~~Title and Amount of (Instr~~8. ~~3) Conver- Trans- action Derivative Exercisable and Underlying Securities sion or action Code Securities Ac- Expiration Date (Instr~~9. ~~3 and 4) Exercise Date (Instr~~10. ~~8) quired(A) or (Month/Day/Year) Price of Disposed of (D) Deri- (Month/ (Instr~~11. ~~3, 4 vative Day/ and 5) Security Year)~~ ------------------------------------------------------------------------------------------------------------------------------------ ~~Amount~~Title orand Ownership Number of Date ~~Expira~~Exer- Amount of Form of Derivative cisable and Underlying Number ~~Exer~~of Deriv- ~~tion~~Securities ofExpiration ~~Code~~Securities VPrice Derivative ative Conver- Trans- Acquired (A) Date (D)Month/ ~~cisable~~(Instr. ~~Date~~3 ~~Title~~of ~~Shares~~Securities Security: sion or Trans- action or Disposed Day/Year) and 4) Deriv- Benefi- Direct Exercise action Code of (D) -------------- -------------- ative cially (D) or Nature of Title of Price of Date (Instr. (Instr. 3, Date Amount Secur- Owned at Indirect Indirect Derivative Deriv- (Month/ 8) 4 and 5) Exer- Expir- or Num- ity End of (I) Beneficial Security ative Day/ -------- ----------~~------------------------------------------------------------------------------~~ cis-~~-----------------------------------------------------------------------------------------------------------------------------------~~ ation ber of (Instr. Month (Instr. Ownership (Instr. 3) Security Year) Code V (A) (D) able Date Title Shares 5) (Instr. 4) 4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ----------------------------------------------- ~~8. Price 9. Num~~- ~~10.Ownership 11. Nature of of ber Form of Indirect Deriv~~- ~~of Deriv~~- ~~Deriv~~- ~~Benefi~~- ~~ative ative ative cial Secur~~- ~~Secur~~- ~~Security: Owner~~- ~~ity ities Direct ship (Instr. Bene~~- ~~(D) (Instr. 4) 5) ficially or Owned Indirect at End (I) of Month (Instr. (Instr. 4) 4)~~ -------------------------------------------------------- -------------------~~-------------------------------------~~ -------------------------------------------------------- -------------------------------------------------------- -------------------~~-------------------------------------~~ -------------------------------------------------------- -------------------------------------------------------- -------------------~~------------------------------------- -------------------------------------------------------- --------------------------------------------------------~~

Explanation of Responses: 12/14/01 ---------------------------------------- -------------------- ** Signature of Reporting Person Date GERALD J. FORD ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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